Business blueprint to drive the net zero transition

This week, P4P Director and President of the British Chamber of Commerce (BCC), Martha Lane Fox, highlighted the innovation challenges – and the opportunities – for UK businesses in a green transition, and the role of Government in setting a stable policy framework.

The BCC has put forward a series of proposals to drive the net zero transition, in its ‘Green Innovation Challenge’ report published today. The report outlines policy recommendations to accelerate delivery of net zero, including creating a new public body to oversee delivery of core climate policies, strengthened resources for the Climate Change Committee, and crucially, enabling a business led transition through a robust green industrial strategy, cross-sector approach to green jobs, and quicker action on financing the transition to net-zero through the tax system 

Recommendations include a new public body to oversee delivery of core climate policies;

Martha Lane Fox, President of the British Chamber of Commerce (and P4P Director) said:

“One of the most pressing challenges for all business is the transition to a green and sustainable future. We will have no habitable planet if we don’t encourage rapid and effective actions. Our report outlines clear and realistic recommendations to accelerate the UK’s transition to net-zero. A robust strategy focused on delivery across the economy must be underpinned by clear and consistent messaging from Government. 

“BCC research and engagement with businesses tells us that firms of all sizes want to play their part, but face barriers along the way. This report showcases the power of the BCC’s Business Council to assess the key challenges facing the economy head on. The council members are excited about seizing the opportunity to build a sustainable economy that works for all.  

You can read the full report here and Martha’s interview in the Guardian here on why the Green economy must be the next UK government’s No 1 priority